Archive for November, 2008
August 7, 2007, Alexandria, Va. The National Credit Union Administration (NCUA) has created The Resource Connection website as a central location to access and share information on credit union business practices, partnership resources, funding and training opportunities. Access “The Resource Connection” by clicking on the new computer icon located on NCUA’s homepage http://www.ncua.gov.
August 3, 2007, Alexandria, VA – National Credit Union Administration (NCUA) Board Member Gigi Hyland announced that registration is now open for the final of six scheduled Outreach Task Force “Town Hall” meetings, which will be held in Washington, DC on Tuesday, Oct. 2. To register, please visit NCUA’s website at: http://www.ncua.gov/TH-Outreach/Index.htm .
July 30, 2007, Alexandria, VA – NCUA Board Member Gigi Hyland participated in the Fifth Annual Regulators Roundtable in Calgary, Canada, on Saturday and Sunday, July 28-29. The Roundtable was part of the World Council of Credit Union Conference. Also participating were regulatory heads from countries representing nearly every continent on the globe, including those from North and South America, the Caribbean, Europe, Africa, Asia, and Australia.
National Credit Union Administration (NCUA) Chairman JoAnn Johnson and National Association of State Credit Union Supervisors (NASCUS) Chairman Linda Jekel today signed a NCUA/NASCUS Document of Cooperation, symbolizing federal and state regulators continued commitment to cooperatively ensure the safety and soundness of federally insured, state-chartered credit unions.
National Credit Union Administration (NCUA) Vice Chairman Rodney E. Hood met with Karl Yoneshige, President and CEO of HawaiiUSA Federal Credit Union and Nicholas Owens, National Ombudsman for the U.S. Small Business Administration to discuss the pivotal role credit unions play in spurring economic growth and development through sound and innovative member business lending.
National Credit Union Administration (NCUA) Vice Chairman Rodney E. Hood visited with Hawaii’s two NeighborWorks America affiliates.
The federal financial regulatory agencies on Thursday issued a statement setting forth the agencies’ policy for enforcing specific anti-money laundering requirements of the Bank Secrecy Act (BSA). The purpose of the Interagency Statement on Enforcement of Bank Secrecy Act/Anti-Money Laundering Requirements is to provide greater consistency among the agencies in enforcement decisions in BSA matters and to offer insight into the considerations that form the basis of those decisions.
NCUA is joining other FFIEC Regulators in issuing a final Interagency Statement on Subprime Mortgage Lending. The statement was developed to address emerging risks with certain subprime mortgage products and lending practices. The statement outlines sound risk management practices and consumer protection principles.